SCHEDULES
SCHEDULE 16Penalties
Variation of penalty
7
1
The Commissioner may vary a penalty notice by giving written notice (a “penalty variation notice”) to the person to whom it was given.
2
A penalty variation notice must specify—
a
the penalty notice concerned, and
b
how it is varied.
3
A penalty variation notice may not—
a
reduce the period for payment of the penalty;
b
increase the amount of the penalty;
c
otherwise vary the penalty notice to the detriment of the person to whom it was given.
4
If—
a
a penalty variation notice reduces the amount of the penalty, and
b
when that notice is given, an amount has already been paid that exceeds the amount of the reduced penalty,
the Commissioner must repay the excess.